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5th July 2018 | The Oberoi, New Delhi
ASSOCIATE PARTNER
Assocaite Partner

Avaada has built one of the largest renewable energy companies (Welspun Energy) in India, with an installed portfolio of over 1 GW renewable projects and ~ 5 GW in pipeline. Expanding our footprints, we are working to set up mega capacities in merging Asian and African economies. Marquee investors like GE, ADB (Asian Development Bank) and DEG of Germany had invested in our operations. Last year we concluded the sale of our operating portfolio in what was ranked as the largest transaction in Asia in the renewable energy space with an Enterprise Value of over USD 1.4 billion. We plan to build mega capacities in coming years – including tapping adjacencies such as solar plus storage and open access segments.